Empire Appraisal Group

OCTOBER 19, 2023

Getting your home appraised before listing it for sale is a wise decision that can benefit both sellers and buyers in the real estate market. Seller’s Peace of Mind : An appraisal can provide sellers with peace of mind, knowing that their asking price is based on a professional assessment.

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Lamacchia Realty

FEBRUARY 21, 2023

“The Zestimate® home valuation model is Zillow’s estimate of a home’s market value. A Zestimate incorporates public, MLS and user-submitted data into Zillow’s proprietary formula, also taking into account home facts, location and market trends. It is not an appraisal and can’t be used in place of an appraisal.” -via

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Appraisal Today

APRIL 26, 2024

The 7 Sale Types Explained Excerpts: An arm’s length sale – a sale in which the buyers and sellers act independently and in their own self-interest is the most common type of real estate transaction. A non-arm’s length sale in real estate is a transaction between a seller and buyer who have a connection by marriage, family, work, etc.

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McKissock

AUGUST 13, 2021

Looking at the sales contract early on allows the appraiser to identify any “subject to” items or other conditions that could influence the value conclusion. When contract prices and value often differ. Of course, the number one tool to achieve that is a phony contract showing an inflated price.

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Lamacchia Realty

OCTOBER 25, 2023

PRICE ADJUSTMENTS AND THE 2023 MARKET In March 2022, it was clear that the market was changing from a frenzied post-pandemic scene to one where it was assumed that rising mortgage rates would slow it down and help inventory finally rise back up. Fewer sellers need to adjust their price because, again, it’s a seller’s market.

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McKissock

OCTOBER 3, 2021

As part of our contributor series, Daniela Andreevska , content marketing director at Mashvisor , talks about investment property strategies. Mashvisor provides a real estate analytics tool that helps real estate investors quickly find traditional and Airbnb investment properties. .

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Birmingham Appraisal

FEBRUARY 20, 2024

While agents and appraisers cannot discuss value we can talk about the property and why they may have priced it at what they did. One tool the agent uses to price the property is the Comparative Market Analysis or CMA, and by sharing this with the appraiser they can better understand what went into the agent’s pricing strategy.

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Lamacchia Realty

JUNE 21, 2022

For the past few years, with inventory at historically low levels , sellers were coming pretty close to naming their price and buyers were paying. The low rates made it possible to offer more on a home as the cost of borrowing was lower and therefore, sellers weren’t the ones competing, buyers were. The same will be true for sellers.

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Housing Wire

OCTOBER 10, 2023

A Comparative Market Analysis (CMA) is a detailed report that helps real estate agents evaluate and determine the market value of a property. It is an essential tool that allows agents to clearly communicate a pricing benchmark for a property. CMA reports are simple and effective tools. More on that later.

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DW Slater Company

NOVEMBER 30, 2022

Days on Market. Days on the Market continue to climb. Sellers are no longer getting over list price. Bringing up the housing market during Thanksgiving dinner – Sacramento Appraisal Blog. Market Value Definition Outdated? First steps to non-lender work in a down market – a la mode/ CoreLogic.

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AmeriMac

APRIL 30, 2024

A commercial appraisal serves as a basis for negotiations between buyers and sellers, as it provides an objective assessment of a property’s worth. For buyers, it helps in determining a fair price to offer, while sellers can use it to showcase the value of their property.

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McKissock

OCTOBER 12, 2021

For many different reasons, properties can come on the market in less-than-par condition. The degree and cost to cure becomes an issue to buyers and sellers, and a challenge for appraisers. At some point it’s no longer “normal market value minus cost to cure equals as-is value.” Who might buy it?

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Clear Capital

MARCH 24, 2023

An appraisal gap is the difference between what a buyer agreed to pay for a home in a purchase contract and what an appraiser concludes as the fair market value of the property. Well, a cure for appraisal gap anxiety has appeared on the scene.

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Appraisal Contracts Market Value Valuation 36

Listing Spark

FEBRUARY 9, 2023

A home appraisal is a process in which a licensed appraiser analyzes your property and determines the fair market value of your home. People typically use an appraisal to validate the value of a home or property for real estate transactions between buyers and sellers, or if homeowners are refinancing their mortgage.

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Eppraisal

JUNE 20, 2023

Researching Neighborhoods Explore different neighborhoods to find the best fit for your lifestyle Consider factors such as safety, proximity to amenities, and school districts Utilize online resources and tools to gather information about neighborhoods Conducting a Thorough Home Search A.

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Lamacchia Realty

AUGUST 3, 2021

Due to the lingering impact of COVID and the log jam it caused in the 2020 spring market , price adjustments were lowest in 2020 and are now even lower in 2021 with supply so tight. It comes with a negative stigma for sellers to hear that a price adjustment is recommended.

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Appraisal Partners Blog

NOVEMBER 27, 2019

While many opt for a realtor, a realtor will, of course, receive monetary gain if you are purchasing via a seller paid commission. The best thing to do is to gain yourself an opinion of market value that’s wholly impartial. Having a report like this is the perfect tool to negotiate a better price.

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Portland Appraisal Blog

APRIL 14, 2019

You, the seller, the buyer, the lender—heck, even the mailman, are all shocked the deal has fallen apart. There is no law forbidding someone from paying more than the average market participant for a home unless the motive for doing so falls under money laundering, bribery, or some other equally nefarious scheme. What just happened?

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AmeriMac

JANUARY 19, 2021

Typically, sellers don’t have access to this. One more effective way to increase your home’s market value is to compare it with similar ones and highlight the benefits of your property. Be sure to include a thorough examination of how you got to a new market value and additional documentation.

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PennyMac

JULY 20, 2021

If you’re selling a property, you’ll also want to make sure your agent is in-the-know on the latest and most effective marketing tactics in the industry. How many are sellers? But just because an agent knows your desired zip code does not mean they have been successfully helping buyers and sellers there. Do your schedules align?

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Real Estate Agent Real Estate Agents Sellers 69

Padove Appraisal Service

FEBRUARY 6, 2018

After the negotiation process has been completed, buyers and sellers have repeatedly agreed on that price for similar homes. Most buyers are motivated to purchase at the lowest price possible, while sellers are looking for the highest possible sale price. The final negotiated sale price reflects those market forces in action.

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Appraisal Today

JANUARY 19, 2024

During the two-year renovation, the seller, who bought the home in 2017, updated the kitchen with a Bosch cooktop, Gaggenau appliances, and soft-close doors. When a property goes under contract, that is an excellent sign of what the buyer and seller conclude the property is worth. In and of itself, it is not market value.

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Rowe Appraisal Group

MAY 6, 2020

But if they are appealing their property taxes or settling an estate and planning on buying out the others in the estate, they most likely want a lower value. Real estate markets are imperfect due to many factors including different buyer/seller motivations and we cannot always account for some of these unknowns.

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Rowe Appraisal Group

MAY 6, 2020

But if they are appealing their property taxes or settling an estate and planning on buying out the others in the estate, they most likely want a lower value. Real estate markets are imperfect due to many factors including different buyer/seller motivations and we cannot always account for some of these unknowns. Click Here.

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PennyMac

OCTOBER 10, 2023

A home appraisal is an unbiased report on the value of your home performed by a trained and state-licensed individual. Appraisals are an essential part of the home financing process, ensuring the homebuyer, seller and mortgage lender each have an impartial, consistent and accurate assessment of the value of the property under consideration.

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Appraisal Real Estate Agent Renovations Home Value 69

Town & Country Residential Appraisals

SEPTEMBER 29, 2019

In home valuation language they are trying to buy under improvements for the neighborhood, which are usually a good deal, and below market value, but then there is the second half. A “dream home'“ is often code for “over improvement for the neighborhood,” and typically see lower market values compared to their costs.

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Housing Wire

AUGUST 31, 2023

In its March 2022 Single-Family Seller/Servicer Guide (Guide) Bulletin, Freddie Mac stated, “[ACE+ PDR] will allow Sellers and Borrowers to continue to benefit from originating loans without an appraisal while mitigating risks and ensuring we purchase Mortgages secured by properties in acceptable condition.”

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Housing Wire

MAY 20, 2021

Accurately establishing a home’s value is not just an important factor in real estate transactions and mortgage lending, it is integral to household wealth creation, as homeownership continues to be one of the primary pathways for Americans to build wealth. An AVM will use this sale record as part of the formula to estimate value.

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Appraisal Valuation Technology Training 486

Will Springer Realtor

FEBRUARY 27, 2024

One scheme growing in popularity involves “title pirates,” fake sellers who convince a buyer, real estate agent and/or title company that the “sellers” own a property and want to get rid of it quickly. Embassy/Consulate official will review IDs when the seller is staying abroad. No response equals no sale.

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Realvals

JUNE 18, 2023

An appraisal will provide you with the current market value of your real estate. In some cases, if you and your spouse cannot reach an agreement on the value of your shared property, a court may require a professional appraisal. You’ll learn the current market value, and even valuable income info if requested.

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Appraisal Property Taxes Real Estate Market Value 145

Listing Spark

MARCH 15, 2022

If the yard is full of toys, tools, or other items, it will be difficult for potential buyers to get a good idea of what the property could look like. Check out our home-seller checklist which will guide you through your home sale from pre-listing to contracts and closing. How to improve your appraised value. Love this list?

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McKissock

SEPTEMBER 1, 2020

There are HP-12C keystrokes for life estates, but in this case, the assignment ended up being a request for market value for his CPA’s needs. One way to address this is to interview potential buyers and sellers, real estate professionals, other appraisers, etc. Example: Land lease. How do you account for the loss of view?

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Appraisal Land Lease Valuation Real Estate 61

Cleveland Appraisal Blog

MARCH 15, 2023

– George Dell’s Analogue Blog Real estate price cycles & getting bid up?

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The Robert Weiler Company

APRIL 20, 2021

They are: (1) the asset-based approach; (2) the earning value approach; and (3) the market value approach. The key is to apply the optimal approach for each business, based on the business’s capital structure, management, prospective future earnings, and market value. The market value approach.

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Appraisal Today

SEPTEMBER 15, 2023

Properties sold due to a job relocation, estate settlement, foreclosure, or divorce may sell for less than market value. A non-arm’s length sale in real estate is a transaction between a seller and buyer who have a connection by marriage, family, work, etc.

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AmeriMac

APRIL 18, 2021

An appraisal refers to an in-depth and precise evaluation of the current market value of your property. Initially, buyers, sellers and lenders would request expert appraisers to manually appraise their property. However, today you can enjoy receiving accurate appraisals with the help of revolutionary software tools.

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AmeriMac

APRIL 18, 2021

An appraisal refers to an in-depth and precise evaluation of the current market value of your property. Initially, buyers, sellers and lenders would request expert appraisers to manually appraise their property. However, today you can enjoy receiving accurate appraisals with the help of revolutionary software tools.

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